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20121201
20121231
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. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >>
" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is out today. our guest host this hour, rebecca patterson and peter. check out today's lineup. it is a biggie. we have an exclusive interview with dallas fed pet jrichard fibber. and the interview of the morning you do not want to miss. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want
on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is off today. our best host this hour, alexander ladenthal. we have a lot to cover with her this morning. here we are, christmas eve. it's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republ
with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cu
on cnbc. i've been here 100 years. becky is off, andrew association inwill report -- andrew sorkin will report coming up. a heck of -- >> no 13th month. did someone not think that through or something? >> you're right. we'll never see it again is what you're saying. maybe 1,000 years? >> i need to think about it. i need to think about it. i need to think about it. depends on who wrote it. if it was contino it's probably wrong. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on
. but there are other toys, my director says, jeff and becky, they took their little ones along to the annual retailers association there to find out just what is hot this year. >>> the dream toys event is the uk's chance to showcase those products it hopes to make on to every child's wish list and with any luck, under their christmas tree. just as technology gradually consumes more of our wealth, toymakers are increasingly weaving it into a child's play experience, using touch screens, apps and built in technology. >> as technology becomes more prevalent in the home, children are instantly drawn to what parents have. the ipad is becoming a family purchase. >> but luckily, there are simpler openings out there driving the market. >> we have seen a lot of lovely toys today, haven't we, hannah? >> yeah. >> what is your favorite toy that you've seen here? >> the dollies. >> the dollies? >> parents will notice a lot of old favorites coming back with a money day twist. so is this a reflection of the bearish times we're living in or is it a wishful remembrance of christmas past? >> legos has always been a ret
to "squawk on the street" on cnbc, i'm here with joe kernen, becky quick is enjoying time off today. our guest host, contributor dan greenhouse, a chief global strategist with btig. he's going to be with us throughout the program. and merry christmas. and -- >> same you to, as well, sir. and other holiday greetings. >> we don't pay you a lot for cnbc contributor, do we -- did we order you to be here? >> i'm contracturally obligated to not specify anything. >> not specify anything? here at 5:30 and all the way to 9:00. >> i knew that there would be trouble this morning. i got myself seated -- >> good. we'll squeeze you for everything you're worth. we needed a big name. >> big name. we got one. >> it day after -- for december 26. >> you're too kind. >> then here you are. >> here he is. >> what did you get? anything good? >> i have -- >> switch, lump of coal? >> he's a hanukkah guy. >> a lump of coal -- yes, but a lump of coal at some point probably worth something. tet rate we're going. >> that's right. you're -- no tree? >> i want a tree, my wife says they're too messy. >> the trees are m
, libya. >> come on, man. >> becky-stan. >> do you think reverend wright is off limits in this campaign? >> it's called romnesia. >> worst republican to put up against barack obama. >> i'm not concerned about the very poor. >> oops. >> i can't be perfect. >> we don't need a ma'amby pamby leader. >> pumping a little iron. >> i got bit by a penguin. >> those small animals can be fer row shis. >> the naacp invites me, i'll go to their convention. >> i prepared a small chart here. >> arithmetic. >> it would take me too long to go through the math. >> stupid people are ruining america. "america". >> what a snob. >> sauce for the goose is sauce for the gander. >> sometimes the best is not the greatest, but it's the best. >> okay. >> i'm not going to shut up. it's my turn. >> start packing. >> what would you like to say to mr. romney? >> good luck tonight. really. >> it was not a spontaneous demonstration? >> please proceed. can you say that a little louder, candy? >> he did call it an act of terror. >> it's our turn now. >> president obama has been re-elected for a second term. >> i just call
one of those. i thought becky was going to be here. i got becky, because she's kind of a jersey girl. i got this for all my guys in the company. the guy who runs my d.c. office, dan clifton. this is fiscal clifton world tour. and all the places where he was, various and sundry places -- >> who is that band? >> this is k.i.s.s. and my partner -- >> we've got to go. jason, thank you for all of this. we appreciate it very much. join us on wednesday. happy holidays. "squawk on the street" starts right now. >> can't wait to see what jason got us here. welcome to "squawk on the street" on this final trading day before christmas. i'm carl, with melissa lee, david faber at the nyse. the new york stock exchange and nasdaq closing at 1:00 p.m. eastern time. the futures, a little bit of weakness here which we'll talk about in a minute, after it comes after a pretty bad day on friday. the european markets closed for the christmas eve holidays. london, paris, spain have each completed shortened sessions in light of the christmas holiday as well. the friday sell-off, only five trading days are lef
thank you to everybody for a wonderful year. i know some people will be away next week, including becky. but we'll be together this is the best. you'll love this stuff, if you remember last year. you give bottles of this away and you make friends, i promise you. >> barry, your thought on what we do here for the market? >> first of all, broadly, i think the market has had -- and will continue to have a really difficult time assessing public policy risks. my first 24 years in the business, the only focus that you have was on the fed. and so we're just in the wrong spot. >> happy holidays to everybody. squawk is like a cocktail party in the morning. so thank you, guys. appreciate it. >> happy holidays, everybody. time for "squawk on the street." >>> good friday morning. welcome to "squawk on the street." i'm melissa lee, along with carl cramer and david faber. this could be a very big day in the markets. the day after the attempt to pass plan b in the house has failed. we saw the futures down as much as 200 points. right now we're down 162 on the dow. the s&p looking to lose about 19 at th
Search Results 0 to 9 of about 10